ZEGA Buy and Hedge ETF (NYSEARCA:ZHDG) Sees Significant Growth in Short Interest

ZEGA Buy and Hedge ETF (NYSEARCA:ZHDGGet Free Report) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 197 shares, an increase of 80.7% from the June 15th total of 109 shares. Based on an average daily trading volume, of 8,468 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

ZEGA Buy and Hedge ETF Stock Performance

Shares of ZHDG stock opened at $23.53 on Friday. ZEGA Buy and Hedge ETF has a fifty-two week low of $20.68 and a fifty-two week high of $23.98. The firm has a market capitalization of $34.82 million, a price-to-earnings ratio of 26.42 and a beta of 0.78. The stock’s 50-day simple moving average is $23.48 and its 200-day simple moving average is $22.71.

ZEGA Buy and Hedge ETF Company Profile

(Get Free Report)

The ZEGA Buy and Hedge ETF (ZHDG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed options strategy that provides S&P 500 equity exposure while attempting to mitigate downside risk. The fund uses options and a broad range of fixed income securities to pursue its investment objective. ZHDG was launched on Jul 6, 2021 and is managed by ZEGA.

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